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4288 El Cajon Blvd 90 San Diego, CA 92105-1229

OFF-MARKET Commercial land Google Maps
1,566 SF 0.11 ac lot
Entity Owned 4-yr Hold Absentee Owner Free & Clear
Estimated value (blended)
$380k
Range $342k – $418k (±10%)
Property ID US09-6996235

Property summary

AI-generated overview

This exceptional 0.11-acre commercial lot, located at 4288 El Cajon Blvd in San Diego, CA 92105 (APN 471-061-29), presents a unique redevelopment opportunity. The property boasts a substantial 4,792 square feet and is situated at the northwest corner of El Cajon Boulevard and 43rd Street, a high-traffic area with over 29,000 cars passing daily. Its prime location offers unparalleled visibility and accessibility. The property is classified as multifamily, suitable for apartment building development. This location is highly walkable, boasting a Walk Score of 93, earning it a "Walker's Paradise" designation. This makes it an attractive location for residents and businesses alike. The property is open to joint venture partnerships for development and long-term ground leases, providing flexibility for potential investors. This is a rare chance to acquire a significant commercial lot in a thriving San Diego neighborhood with exceptional potential for substantial returns. The property's size and location make it ideal for a variety of development projects, capitalizing on the area's high demand for housing and commercial space.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Total area 1,566 SF
Lot 0.11 ac (4,682 SF)
Zoning code COMMERCIAL
APN 471-061-29-00
UPID US09-6996235

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$380k

Owner & transaction history

since 2022
Last sale
$410,000
7 recorded transactions
2022
$410,000
2021
Price N/A
2020
Price N/A
2015
$375,000
2015
Price N/A
2013
Price N/A
2007
Price N/A

Zoning & alternative use

COMMERCIAL · San Diego, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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